Patrick Revenue to Assets vs Net Income Analysis

PATK Stock  USD 117.92  2.26  1.95%   
Trend analysis of Patrick Industries balance sheet accounts such as Total Stockholder Equity of 1.1 B, Property Plant And Equipment Net of 557.9 M, Net Debt of 1.3 B or Retained Earnings of 885.2 M provides information on Patrick Industries' total assets, liabilities, and equity, which is the actual value of Patrick Industries to its prevalent stockholders. By breaking down trends over time using Patrick Industries balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patrick Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Patrick Stock please use our How to buy in Patrick Stock guide.

About Patrick Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Patrick Industries at a specified time, usually calculated after every quarter, six months, or one year. Patrick Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Patrick Industries and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Patrick currently owns. An asset can also be divided into two categories, current and non-current.

Patrick Industries Balance Sheet Chart

Patrick Industries Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Patrick Industries uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Patrick Industries' Property Plant And Equipment Net is quite stable compared to the past year. Net Debt is expected to rise to about 1.3 B this year, although the value of Net Tangible Assets are projected to rise to (337.1 M).

Total Assets

Total assets refers to the total amount of Patrick Industries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Patrick Industries books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Patrick Industries balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Patrick Industries are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Patrick Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Patrick Industries current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patrick Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Patrick Stock please use our How to buy in Patrick Stock guide.At this time, Patrick Industries' Selling General Administrative is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 8.70 this year, although the value of Tax Provision will most likely fall to about 48.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit801.2M1.1B782.2M821.3M
Total Revenue4.1B4.9B3.5B3.6B

Patrick Industries fundamental ratios Correlations

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Click cells to compare fundamentals

Patrick Industries Account Relationship Matchups

Patrick Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.8B2.7B2.8B2.7B2.8B
Short Long Term Debt Total769.5M937.5M1.4B1.5B1.2B1.3B
Other Current Liab58.0M83.2M13.8M172.6M109.3M114.8M
Total Current Liabilities186.9M227.4M432.8M367.2M308.5M323.9M
Total Stockholder Equity497.5M559.4M767.6M955.2M1.0B1.1B
Property Plant And Equipment Net274.4M369.3M477.7M514.2M531.3M557.9M
Net Debt630.1M892.7M1.3B1.4B1.2B1.3B
Retained Earnings305.5M360.2M513.7M758.9M843.1M885.2M
Cash139.4M44.8M122.8M22.8M11.4M11.7M
Non Current Assets Total954.2M1.2B1.7B1.9B1.9B2.0B
Non Currrent Assets Other3.4M4.0M7.1M8.8M7.9M8.3M
Cash And Short Term Investments139.4M44.8M122.8M22.8M11.4M11.7M
Net Receivables87.5M132.5M172.4M172.9M173.1M181.8M
Common Stock Shares Outstanding23.3M23.1M23.4M24.5M22.0M17.8M
Liabilities And Stockholders Equity1.5B1.8B2.7B2.8B2.7B2.8B
Non Current Liabilities Total786.6M966.6M1.5B1.5B1.3B1.4B
Inventory253.9M312.8M614.4M667.8M510.1M535.6M
Other Current Assets36.0M38.0M64.5M46.3M39.9M41.9M
Other Stockholder Equity25.0M24.4M59.7M113.2M130.2M136.7M
Total Liab973.5M1.2B1.9B1.8B1.6B1.7B
Property Plant And Equipment Gross274.4M369.3M477.7M514.2M823.8M865.0M
Total Current Assets516.8M528.1M974.1M909.9M734.6M771.4M
Accumulated Other Comprehensive Income(5.7M)(6.1M)(2.2M)(695K)(999K)(1.0M)
Short Term Debt32.7M38.4M47.8M51.7M56.3M59.1M
Intangible Assets357.0M456.3M640.5M720.2M651.2M683.7M
Accounts Payable96.2M105.8M203.5M142.9M140.5M147.6M
Common Stock Total Equity172.7M180.9M196.4M197.0M226.6M237.9M
Common Stock172.7M180.9M196.4M197.0M203.3M213.4M
Other Liab43.9M67.5M51.2M61.4M70.7M74.2M
Other Assets3.4M4.0M7.1M8.8M10.2M10.7M
Long Term Debt670.4M810.9M1.3B1.3B1.0B1.1B
Good Will676.4M852.1M551.4M629.3M637.4M669.3M
Property Plant Equipment180.8M251.5M477.7M350.6M403.2M423.3M
Net Tangible Assets(178.9M)(292.6M)(424.3M)(394.3M)(354.9M)(337.1M)
Retained Earnings Total Equity305.5M360.2M513.7M758.9M872.7M916.3M
Capital Surpluse25.1M25.0M24.4M59.7M68.6M72.0M
Deferred Long Term Liab27.3M39.5M36.5M48.4M55.7M58.4M

Patrick Industries Investors Sentiment

The influence of Patrick Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Patrick. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Patrick Industries' public news can be used to forecast risks associated with an investment in Patrick. The trend in average sentiment can be used to explain how an investor holding Patrick can time the market purely based on public headlines and social activities around Patrick Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Patrick Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Patrick Industries' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Patrick Industries' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Patrick Industries.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Patrick Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Patrick Industries' short interest history, or implied volatility extrapolated from Patrick Industries options trading.

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When determining whether Patrick Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Patrick Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Patrick Industries Stock. Highlighted below are key reports to facilitate an investment decision about Patrick Industries Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patrick Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Patrick Stock please use our How to buy in Patrick Stock guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running Patrick Industries' price analysis, check to measure Patrick Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Patrick Industries is operating at the current time. Most of Patrick Industries' value examination focuses on studying past and present price action to predict the probability of Patrick Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patrick Industries' price. Additionally, you may evaluate how the addition of Patrick Industries to your portfolios can decrease your overall portfolio volatility.
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Is Patrick Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Patrick Industries. If investors know Patrick will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Patrick Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.16)
Dividend Share
1.9
Earnings Share
6.5
Revenue Per Share
161.162
Quarterly Revenue Growth
(0.18)
The market value of Patrick Industries is measured differently than its book value, which is the value of Patrick that is recorded on the company's balance sheet. Investors also form their own opinion of Patrick Industries' value that differs from its market value or its book value, called intrinsic value, which is Patrick Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Patrick Industries' market value can be influenced by many factors that don't directly affect Patrick Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Patrick Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Patrick Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patrick Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.